In reconciling the branch and head office accounts, remit...
In reconciling the branch and head office accounts, remittance in transit in the branch books is treated as a?
Debit entry
Credit entry
Contra entry
Reversal entry
Correct answer is C
No explanation has been provided for this answer.
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Balance as par overdraft of the cashbook is ₦4000 ,uncredited cheque is ₦2300, bank charges ₦3...